1016 2nd Avenue, Asbury Park, NJ, 07712 | 4.57% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Asbury Park at 1016 2nd Avenue, Asbury Park, NJ, 07712 earns from $3,024/mo rent with a $3,886/mo payment. Total monthly income totals $3,024/mo. ROI tracks 7.95% on current figures, and rental yield reads 4.57% at a $794,000 purchase. Equity gained on principal adds $5,124/yr, and 5% annual appreciation supports $219,368 over five years. Five-year ROI reaches 39.94% and total cumulative return in cash sums $104,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,024/mo property income instead of your personal income.

Single Family

Built in 1908

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,067 (100%)
Owner Occupied HU	8,930 (44.5%)
Renter Occupied HU	9,346 (46.6%)
Vacant Housing Units	1,791 ( 8.9%)
Median Home Value	$657,840
Average Home Value	$712,237